How to Open a Crypto Wallet on LYOPAY, LYOTRADE, and LYOWALLET
- In the LYOPAY Ecosystem, there are three services that provide crypto wallets: LYOPAY, LYOTRADE, and LYOWALLET.
- LYOPAY and LYOTRADE are centralized services and comply with the latest AML and KYC standards.
- LYOWALLET is a non-custodial wallet with decentralized features.
- Download the apps here: LYOPAY, LYOTRADE, and LYOWALLET.
LYOPAY portal keeps the users' digital assets safe while allowing them to send, receive, and spend cryptocurrencies easily. It provides a user their own unique wallet address to make crypto transactions. LYOPAY wallet can be installed on a computer or as a browser extension.
The user will automatically have a crypto wallet once they create a LYOPAY account. Here’s how:
- Go to lyopay.com.
- Click LYOPAY Sign Up.
- Fill out the required fields including email address and password.
- Click Create Account.
Once a user has created a wallet, a Euro account is provided with a unique IBAN. Moreover, users can perform fast SEPA transfers too. Dozens of cryptocurrencies are also available in the LYOPAY wallet including Bitcoin, Ethereum, Litecoin, LYO Credit, Tether, Uniswap, and more!
LYOTRADE is a centralized cryptocurrency exchange that provides spot trading, margin trading, futures trading, and ETF trading. Users can also borrow USDT, BUSD, and USDC with 60 collateral options to choose from. LYOTRADE supports 53 fiat currencies and 250 cryptocurrencies that can be purchased using debit card, credit card, SEPA, and SWIFT.
Moreover, LYOTRADE implements the latest Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols to protect the accounts of its users and prevent illegal activities.
Once the user creates an account and completes the KYC process, the LYOTRADE wallet will be created.
- Go to lyotrade.com.
- Click Sign Up.
- Enter your email address and password.
- Click Create Account.
- Complete the KYC process.
LYOWALLET is a non-custodial wallet, which allows the user to have the sole control over their crypto wallet. The private key which will be given to the user is not accessible to anyone else, including the LYOPAY team. Moreover, sharing personal information on LYOWALLET is not required since it is decentralized, making buying, selling, and trading cryptocurrencies completely anonymous.
How to start using LYOWALLET?
- Download LYOWALLET
Go to the App Store or Google Play and start downloading the app.
Sharing your personal data is not required.
3. Secure your private key
A 12-word phrase will be given. Keep it in a safe place where only you will know.
Why Open a Crypto Wallet?
Crypto wallets serve like a digital safe box built for digital assets. However, apart from preventing the user’s crypto from being stolen, the crypto wallets of LYOPAY, LYOTRADE, and LYOWALLET provide multiple features that will allow users to send and receive cryptocurrencies however they please. The different kinds of crypto wallets that the LYOPAY Ecosystem boast not just safety, but also convenience.